What’s killing your production output might not be your machines. It’s how you manage them. Many manufacturers in the Philippines are still using outdated tools to track millions of factory assets. And the result? Lost productivity, rising maintenance costs, and unplanned downtime.
In 2025, global manufacturing leaders are doubling down on digital asset management to maximize performance and extend equipment life, so the earnings can increase by 2.5%. The question is: are you keeping up?
If you’re looking for the best asset management tools to manage your factory equipment, start with HashMicro’s Asset Management Software for Manufacturing. It offers real-time visibility into all machines across locations, helping you detect what’s working, idle, or needs repair before breakdowns happen.
This article lists the top 10 manufacturing asset management software, highlighting key features, pros, and cons to help you choose the right solution.
Key Takeaways
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Table of Contents
Top Asset Management Software for Manufacturing at a Glance
Selecting the right asset management software for manufacturing is crucial to streamline operations and fully control assets. Here are top asset management solutions for effective asset tracking and productivity.
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HashMicro: Best for Southeast Asian manufacturers needing integrated manufacturing asset management software with ERP, IoT, and barcode/QR systems
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ToolSense: Best for predictive maintenance and real-time asset tracking across production and logistics
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Limble: Best for mobile-first teams requiring preventive maintenance and asset health insights
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Fracttal One: Best for manufacturers that prioritize IoT and predictive analytics for equipment reliability
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Asset Infinity: Best for small to medium-sized businesses needing RFID-based manufacturing asset tracking
These options help manufacturers automate asset lifecycle management, reduce downtime, and optimize performance with reliable manufacturing asset management software.
What is Manufacturing Asset Management Software?
Manufacturing asset management software is a digital tool that helps manage and maintain physical assets in manufacturing. It often integrates with ERP, CMMS, and IoT to simplify asset tracking and maintenance, ensuring a consistent and precise production line. This type of software is a key component of enterprise asset management software solutions.
Managing manufacturing assets can be complicated because it involves many details, like specifications, lifespan, and components. It also requires teamwork from different people, such as production managers, maintenance staff, and procurement teams, which adds to the complexity.
Benefits of Manufacturing Asset Management Software
Asset management software for manufacturing can help in so many ways:
- Reduction in Downtime: According to McKinsey, companies have seen 30-50% reductions in machine downtime through digital transformations, including asset management software.
- Cost Savings: It helps in reducing maintenance costs, materials costs, and overall operational costs through better management and efficiency.
- Enhanced Productivity: Real-time asset monitoring boosts maintenance productivity and operational efficiency, with McKinsey noting 15-30% labor productivity gains from digital transformation.
- Extends Asset Lifespan: Scheduling regular maintenance and fixing issues on time helps your equipment last longer and delays replacements.
- Keeps Your Business on Track: Following industry rules and standards avoids penalties and helps everything run smoothly without interruptions.
- Increased Visibility: Provides real-time insights into asset health, performance, and location, which aids in better decision-making and resource allocation.
Top 10 Manufacturing Asset Management Software of 2025
Effective manufacturing asset management solutions are key to boost productivity and reduce operational costs. Here are the top 10 manufacturing asset management software to help you gain better control.
1. HashMicro Manufacturing Asset Management System
HashMicro ang nangunguna bilang leading manufacturing asset management software sa Southeast Asia. With unlimited users, real-time updates, at seamless integration with inventory systems, manufacturing software, accounting software, IoT, and barcode/QR code, it ensures efficient production and asset tracking.
With over 2000 companies across Southeast Asia placing their trust in HashMicro, including renowned names like Changi Airport Group, Hino, and Forbes Southeast Asia, the software has proven its value in diverse industries.
This vendor also provides a no-cost demo and consultation to companies who want to inquire before making a decision. Built to support businesses with precision and efficiency, HashMicro ay naging trusted partner for long-term success.
Key Features:
- Machine Kiosk: Lets employees easily check and update production schedules, work orders, and output through a clear Kanban view.
- Work Order Management: Streamlines production workflows, tracks time spent on tasks, and identifies areas for improvement or delays.
- Manufacturing Order: Keeps track of all materials needed for production and connects with inventory to ensure supplies are available.
- Bill of Material (BOM): Manages raw materials and work-in-progress, calculating and updating data in real-time for smooth production.
- Schedule Management: Helps plan and adjust production schedules using available resources, reducing idle time and preventing delays.
- Manufacturing Plan: Aligns manufacturing activities with demand, supply chain changes, and capacity to ensure efficient production.
- Inventory Management: Monitors stock levels across warehouses, automates reordering, and ensures your inventory is always well-stocked.
- Asset Tracking: Tracks your assets in real-time, monitors their condition, and schedules maintenance automatically to prevent breakdowns.
Pros | Cons |
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2. ToolSense Production Asset Management System
ToolSense is an asset tracking platform ideal for manufacturing, construction, and logistics. Its IoT features enable real-time tracking, usage monitoring, and operational optimization for equipment, machinery, and vehicles.
Features:
- Real-time asset tracking
- Predictive maintenance
- IoT integration for asset monitoring
- Customizable dashboard
Pros | Cons |
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3. SafetyCulture Manufacturing Asset Management Software
SafetyCulture is a versatile asset management system designed to enhance quality, safety, and operations in manufacturing. The software is adaptable to various manufacturing setups, from small workshops to large multinational enterprises.
Features
- GPS and sensor-based asset monitoring.
- Anomaly alerts for quick action.
- Digital templates for task consistency.
- ERP, MES, and CMMS integration.
Pros | Cons |
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4. WebTMA
WebTMA is a trusted facility and asset management platform that helps manufacturing companies improve work orders, maintenance, and processes. With years of experience, it has served leading names across industries.
Features:
- Work order management
- Asset lifecycle tracking
- Inventory control
- Preventive maintenance scheduling
Pros | Cons |
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5. Limble Production Asset Management System
Limble, a cloud-based CMMS, supports manufacturing companies with a centralized system for managing equipment and machinery. It allows managers and technicians to track asset KPIs, perform inspections, and handle maintenance efficiently.
Features:
- Mobile-first CMMS
- Preventive maintenance
- Real-time asset tracking
- Work order management
Pros | Cons |
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6. MPulse Manufacturing Asset Management Software
MPulse is a versatile asset performance management software serving healthcare and manufacturing industries worldwide. This CMMS helps manufacturers extend asset lifespan and maintain smooth operations.
Features:
- Maintenance scheduling
- Asset tracking
- Inventory management
- Comprehensive reporting
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7. AkitaBox Factory Asset Management
AkitaBox simplifies facility management by helping managers track and maintain machinery, electronics, tools, and digital assets. Its mobile features allow users to access information, submit requests, and manage tasks anytime, anywhere.
Features:
- Facility management
- Asset tracking
- Maintenance scheduling
- Detailed analytics
Pros | Cons |
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8. Fracttal One Manufacturing Asset Management Software
Chilean-based Fracttal One is a preferred CMMS for utilities, facilities, and manufacturing companies needing reliable maintenance solutions. It allows users to track assets, manage work orders, and update progress via mobile devices, even in remote areas.
Features:
- Predictive maintenance
- Work order management
- Asset tracking
- IoT integrations
Pros | Cons |
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9. Eptura Asset
Eptura Asset is a cloud-based CMMS designed to help businesses manage assets, track maintenance history, and gain actionable performance insights for greater efficiency and productivity. Its user-friendly platform ensures seamless operation and supports informed decision-making.
Features:
- Asset lifecycle management
- Preventive maintenance
- Work order management
- Analytics and reporting
Pros | Cons |
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10. Asset Infinity
Developed by India-based PcsInfinity, Asset Infinity uses RFID tags and sensors to track, secure, and schedule manufacturing assets like equipment and machinery. Its affordability makes it an excellent choice for small to medium-sized businesses.
Features:
- Asset tracking
- Maintenance scheduling
- Inventory management
- Reporting and analytics
Pros | Cons |
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Key Features of Manufacturing Asset Management Software
Comprehensive enterprise asset management software for manufacturing and advanced enterprise solutions often comes with asset management modules. However, for businesses with limited budgets that cannot afford a complete suite, standalone asset management systems can still be effective if they include the following features:
- Digital checklists for asset-related processes
- Centralized repository for manufacturing assets
- Document management tools
- Asset tracking and monitoring capabilities
- Preventive maintenance scheduling
- Calibration management functions
- Inventory management integration
- Customizable reporting and analytics
- Compatibility with ERP, CMMS, IoT devices, and other systems
- Mobile access with offline functionality
Choosing the right asset management tools ensures efficient control and optimization of manufacturing assets, even for businesses with budget constraints.
Why You Need Asset Management Software for Manufacturing
Manual processes can slow down operations and increase errors in tracking assets. Using asset management software for manufacturing helps overcome these challenges by offering several key benefits:
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Reduce Costs and Save Time: Manufacturing asset management software streamlines asset tracking and reduces manual tasks, helping your team work more efficiently while cutting operational costs.
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Full Asset Visibility: With centralized data, you gain complete transparency into all assets through a single platform, crucial for effective manufacturing asset tracking.
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Smarter Planning: Access to historical data allows manufacturers to monitor asset health, anticipate replacements, and make informed upgrade decisions.
Tips for Choosing Manufacturing Asset Management Software
Choosing the right manufacturing asset management software is crucial to optimizing operations and maximizing the value of your assets. Here are key steps to guide your selection process:
- Identify Business Needs: Define your goals (e.g., reduce downtime, improve tracking) and address current challenges like inefficiency or lack of visibility.
- Focus on Key Features: Ensure the software includes asset tracking, preventive maintenance, inventory management, reporting, and integration with systems like ERP or IoT.
- Prioritize User-Friendliness: Choose manufacturing execution system with an intuitive interface for easy adoption and minimal training requirements.
- Check Scalability and Customization: Select a solution that can grow with your business and allows customization to meet specific workflows.
- Consider Vendor Reputation: Look for vendors with experience in manufacturing, positive customer reviews, and reliable technical support.
- Evaluate Total Cost and ROI: Assess licensing, implementation, and maintenance costs against potential savings from improved efficiency and reduced downtime.
- Test with a Demo or Trial: Request a trial to evaluate performance, compatibility with existing systems, and how well it meets your needs.
Conclusion
Manufacturing asset management software helps businesses efficiently track, maintain, and optimize their assets. It simplifies operations, reduces costs, and ensures smooth production, making it essential for manufacturers aiming to stay competitive.
HashMicro’s Manufacturing Asset Management Software offers real-time updates, unlimited users, at seamless integration para sa mas maayos na asset control. Trusted by over 2000 companies, it’s the go-to solution for reliable and efficient asset management.
With advanced features like IoT integration and real-time tracking, HashMicro ay tumutulong sa businesses para ma-boost ang productivity.
Try the free demo today for a more efficient and reliable factory asset management!